Loft conversions can be a fantastic addition for any home. They add usable space in an otherwise wasted part of the home, and they can also add value and sale ability. For landlords and property developers, a loft conversion can be a great way to increase the value of the premises and make more money on your investment. But there are some considerations to bear in mind. Here at Pinnacle Loft Conversions, we are Preston’s leading loft conversion experts. As a result, we have produced this guide to loft conversion considerations for landlords.
Loft conversion considerations for landlords
So, what should landlords consider before opting for a loft conversion? Well, there are several things to think about, including:
- Fire safety- there are strict regulations and legal requirements involving loft conversions, on top of those that already apply to landlords. As a result, you will need to work with a professional team to ensure that your loft conversion meets standards and regulations, in order to get the most out of your property and investment.
- Space available- the most cost efficient type of loft conversion involves simply converting the space in the loft or attic into a usable space or another room in the house. To make sure your property can capitalize on this, you will need to make sure there is enough headroom in the space available. There needs to be a minimum of 2.2m at the apex. A professional team will be able to evaluate your space and give you more advice and information about how to transform the space effectively.
- Increase the value- ultimately, a loft conversion will increase the value of your property by up to 20%. This means that for most landlords, this could be a worthwhile investment.
For more information or advice, get in touch with the professionals today, here at Pinnacle Loft Conversions.